Newmont Mining Corp (NEM)

Newmont is a well managed producer, lower cost, expansion minded (by acquistion and add'l mines) with reserves to keep them busy, and new mines coming on line. They have very little leverage to hurt them (future sales)(unlike ABX). This is a rainy day stock.

The gold standard of gold stocks. I always try to keep at least 5% in precious metals. The stock is near a 52 week low, the market is near all time highs, inflation is thought to be tame.. That's when you want to be adding precious metals.

Long-term this company should do well if energy prices stay controlled and metal prices continue to rise.

Gold and silver have taken a sudden drop during the past week. Many speculators are panicing and claiming that this is the end of the "commodity bubble". I don't think so. If you look at the fundamental reason behind the last 6 months rise in precious metals, you have to ask yourself....has anything changed? I don't think so. The Fed continues to pump liquidity into the market, the interest rate continues to decline, inflation continues to increase and the dollar continues to fall. That being said....if due to demand decreases oil drops sharply from here...there is a possibility that precious metals will follow. Precious metals will experience quite a bit of volatility and the gyrations may be tough to handle but I think due to the fundamentals that I mentioned above that a year from now precious metals will be much higher.

Large gold producer will continue to make money and thrive amid an ailing and failing economy

Owned this stock years ago and always made money on it. A great gold play stock. Putting money here is a no-brainer.

Will see new 52 week high sooner then most expect.

Watch this stock closely...

I beleive gold is on a long term up curve against the US dollar. NEM is one of the best of breed miners in the industry. Trending off its lows of the year

To ride out the weak dollar

Fall of Dollar

Very good fundamentals and is protected with Futures for their Energy costs. So long as Oil remains above $40.00 they make money mining GOLD and other metals. should rebound to mid-50's this year. More if Gold moves above $700. The decline in the dollar will also add to gold price.

Gold hit its target of 1,000 an oz. It will trend down for the forseeable future. This is a big negative for Newmont which is not hedging its exposure to Gold fluctuations. The company Earnings have not been great even with how strong gold prices have been, its going to get ugly.

Gold will hit 1000 within 5 years and this company is a major player

Debt load of United States government has reached gigantic proportions. The majority of this debt is held by foreign governments, who are beginning to be uncomfortable with prospects for the US dollar. Some have openly said they are

Gold play based on fundamentals (supply and demand) and a hedge against inflation. NEM is trading near a 52 week low. Recent correction in gold and other commodities is overblown. The fundamentals have not changed - China, et al. will continue to need gold and other metals to grow their economies. Recent massive infusions of capital by the Fed pose significant inflation risk for which gold is the refuge of choice.

Earnings increase of 444%, 119% increase in operating margin, still shaky on the dollar.

Sure, gold and other precious metals might get bouncy in the short term, but I'm keeping my horizon on the long term. Block out the NOISE.

NEM is at a decent price right now, it's a good way to straddle the market. Bearish or bullish on the market, it is a good way to straddle on Gold or silver.

Over the next few years s i have said since I started trading in 1999. There will and now there is a boom in gold and silver, which will probably not end for quite some times. This I believe is mainly due to the economic chaos we are experiencing, US Deficit, house crash and over usage of credit.

probably should wait until after the Nov election; but bush seems ready to go to war with Iran--either b4 election or between Nov and Jan(new Congress)

Gold...not much more to say on that one. Take your pick, the U.S. currency or Gold. When the currency bounces back look for gold to take a little hit. That's not happening right now so ride the gold wave. It still has further to go.